Pharmacies also fighting not to have their reimbursements reduced from CMS..one more the attorneys...could impact the number of pharmacies we have today...as this pertains to Medicaid drops in compensation...BD
Below is a joint statement by Steven C. Anderson, IOM, CAE, president and chief executive officer of the
National Association of Chain Drug Stores (NACDS), and Bruce Roberts, R.Ph., CEO and executive vice president the National Community Pharmacists Association (NCPA) regarding the filing of a motion for preliminary injunction challenging CMS-imposed Medicaid pharmacy reimbursement reductions. In addition, an economic report is included by Stephen W. Schondelmeyer, Pharm.D., Ph.D., Head of the Department of Pharmaceutical Care & Health Systems at the College of Pharmacy at the University of Minnesota.
"In less than three months, the pending rule put forth by CMS will go into effect, resulting in drastic reimbursement cuts for retail pharmacies. The injunction seeks to obtain an expedited review of the lawsuit given the short time frame pharmacies are facing.He further cites that the retail pharmacy industry could see a loss of 10,000-12,000 pharmacies - a vast majority of which would be pharmacies in rural or inner city urban areas - over the next few years.
While we are hopeful to have a success in court, it is imperative to encourage Congress to work with community pharmacy to find more appropriate and long-term cost-based models for reimbursement under Medicaid."
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